cawacko
Well-known member
You going to share with us what these policies were Jarod? All you offered so far are unsourced quotes from someone else
Economy after W vs. Obama
- Thread starter Jarod
- Start date
You going to share with us what these policies were Jarod? All you offered so far are unsourced quotes from someone else
PostmodernProphet
fully immersed in faith..
by stopping freefall you mean unemployment going from seven percent to ten percent?......we had cities in here in Michigan that topped 14 percent....
perhaps you're right......I limit the understanding of stimulus so it doesn't include actions that make things worse......
PostmodernProphet
fully immersed in faith..
have you ever heard of national debt?......
The national debt is not part of the economy. And you credited Reagan for his economic success, yet he tripled the debt in the process.
10 trillion dollar growth in debt and still the only president in history to never reach 3% GDP growth.....check and check....
unemployment at 5% when he took office and 4.7 when he left..... .3% cost taxpayers 10 trillion dollars
for every person added to job growth, 75 were added to food stamp program.
In January 2009, there were 133.56 million Americans with jobs and 31.98 million on food stamps. Today, there are 133.76 million Americans with jobs and 46.68 million on food stamps. The employment rolls have thus grown by 0.15 percent and the food stamp rolls have grown by 46 percent, meaning that for every one American who found a job, 75 Americans signed up for food stamps. Meanwhile, during that time, our nation’s debt has risen $5.63 trillion. Total spending on food stamps is now more than $80 billion annually, a fourfold increase from 2001. Total spending on federal means-tested welfare—food stamps, public housing, social services, cash aid, etc.—is now approximately $1 trillion. That amount is enough, if converted to cash, to send every household beneath the federal poverty line an annual check for $60,000.
Welfare spending is projected to remain permanently elevated; for instance, at no point in the next 10 years will fewer than 1 in 9 Americans be on food stamps. In fact, the Administration has actively sought to boost food stamp spending and enrollment, including through a partnership with the Mexican government to advertise benefits to foreign nationals, as well as materials that teach outreach workers how to “overcome the word ‘No.’” USDA even goes so far as to argue that the program is “the most direct stimulus you can get.”
Overall, in the last four years, the United States’ gross federal debt has increased 53 percent, food stamp enrollment has increased 46 percent, and the number of employed persons has increased just 0.15 percent. This picture, however, is even more ominous than it looks. While only 194,000 net jobs have been created since 2009, the working age population has increased by approximately 5 million—almost 25 times that amount. In other words, a shrinking share of working age adults have or are even looking for a job. The real unemployment number (U-6), therefore, is 14.6 percent.
To put this month's job creation in historical perspective, in October of 1984, 286,000 jobs were created—67 percent more—at a time when the U.S. working age population was 26 percent smaller than it is today.
Over time, these trends, if not reversed, spell economic disaster for the United States and its citizens.
http://www.weeklystandard.com/food-stamp-growth-75x-greater-than-job-creation/article/660073
Welfare spending is projected to remain permanently elevated; for instance, at no point in the next 10 years will fewer than 1 in 9 Americans be on food stamps. In fact, the Administration has actively sought to boost food stamp spending and enrollment, including through a partnership with the Mexican government to advertise benefits to foreign nationals, as well as materials that teach outreach workers how to “overcome the word ‘No.’” USDA even goes so far as to argue that the program is “the most direct stimulus you can get.”
Overall, in the last four years, the United States’ gross federal debt has increased 53 percent, food stamp enrollment has increased 46 percent, and the number of employed persons has increased just 0.15 percent. This picture, however, is even more ominous than it looks. While only 194,000 net jobs have been created since 2009, the working age population has increased by approximately 5 million—almost 25 times that amount. In other words, a shrinking share of working age adults have or are even looking for a job. The real unemployment number (U-6), therefore, is 14.6 percent.
To put this month's job creation in historical perspective, in October of 1984, 286,000 jobs were created—67 percent more—at a time when the U.S. working age population was 26 percent smaller than it is today.
Over time, these trends, if not reversed, spell economic disaster for the United States and its citizens.
http://www.weeklystandard.com/food-stamp-growth-75x-greater-than-job-creation/article/660073
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Bravs is talking about the economy?
When his guy Bush crashed it?
Time to pipe down, bravs.
When his guy Bush crashed it?
Time to pipe down, bravs.
Right, I think the rule is if you voted for Dumbya and continued being his cheerleader even as he crashed and burned the economy, then you basically are not allowed to participate on any threads concerning economics. It is outside your pay grade.
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Clinton?
You mean the Prez who presided over the greatest prosperity we've seen in modern times?
Bet you guys never thought Americans would get nostalgic about that dude...
I hate to agree with you, but there is some merit in this. People need to remember that Clinton was a center-right president, a true neo-liberal, who felt that deregulation would produce wealth. It did. And like all bubbles, it burst. Bush was basically an absentee president on the economy, who did nothing terribly significant except ride the bubble until the crash.
We will likely disagree with regard to Obama, who actually did fix the mess left by his predecessors.
That's another new rule we need: anyone who ever cast votes for both Dumbya and Drumpf basically has no standing to pass judgement on who makes a good president.
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#AMERICAISDEAD
Fiction
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Hacks like you have zero credibility. If you'd throw us a "yeah, Nugent was bad too" bone once in awhile, you might actually be worthy of listening to.
But you're nothing more than a full blown right-wing apologist. One of those Hannity guys - everything the right does is great, everything the left does is bad.
Thanks to Reagan and Bush 1. Right?
What about those who voted for Hitlery?
PostmodernProphet
fully immersed in faith..
lol.....things like this are why we consider demmycrats to be brainless........
Reagan's contribution to the debt was approximately half of what Obama did in January, 2009......
cawacko
Well-known member
The economy was so "pristine" Trump won the election and Hillary had trouble beating a 70 year socialist.
cawacko
Well-known member
Wow, this is a new one. Spending is not part of the economy?